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Landlord Reference Checks A prospective landlord performs a landlord reference check to verify a tenant’s information and assess their rental history and overall suitability as a tenant. A landlord reference check can include information on the tenant’s rental history, such as how long they lived at a previous residence, whether they paid rent on time,…

Overstaying Your Lease  If you need to stay past the expiration of your lease, it’s essential to communicate with your landlord. You may be able to negotiate a new lease or an extension on your current lease. If you cannot agree with your landlord, you may have to vacate the property by the end of…

What is a Holdover Tenant?  Tenants sometimes fail to move out after the lease expires and stay at the property. Tenants who stay past their lease term without your (the landlord’s) express permission are considered holdover tenants. If you’ve signed a lease with another tenant, plan to sell the rental property, or move back in,…

Should I Rent or Sell My Property? This is a common question owners have when they plan to move out of their houses. Only you can answer this question, and it depends on multiple factors: Do you need the money from a sale? If you’re planning to purchase another home and need cash from the…

How HOA’s Get Involved With Your Rental Property Do you own a condo, townhome, or single-family house in an area with a homeowner association? If so, there might be rules you must follow if you consider renting it out. What are homeowner associations? “Homeowner associations (HOAs) enforce the rules for living in a community that…

How to Write Legal Lease Addendums If you’ve ever signed or read a lease agreement, there’s a good chance it had at least one addendum. What exactly are lease addendums? Lease addendums are additional clauses added to a lease, either at the start or during the lease. Lease addendums can cover pets, alterations to the…

What Tenants Should Consider When Searching for a Rental. Budget: If the rental you’re looking at is a financial stretch for you, then it might not be worth the extra stress of trying to afford it. Maybe you’ll be just as happy with something a little smaller or not updated that is more affordable, so…

Rental Market – 4th Quarter 2022 Landlords across the United States are experiencing a slowdown in the rental market. If you’re in the position of having a vacant rental right now and it’s been on the market for longer than usual, you’re not the only one. The housing market for sales and rentals has slowed…

What Is The Downside of Placing Unqualified Tenants? What is the downside of signing a lease with an unqualified tenant? It’s a lot more than you might think. Depending on how financially secure you are, placing an unqualified tenant in your home can lead to stress and headaches for you as a landlord and heavy financial…

What Are Tenants Required to Maintain? What you’re responsible for as far as maintaining your rental home and what the landlord is responsible for should be outlined in your lease. If it’s not, your local or state laws may have general guidelines. Here are some items that may be your responsibility to take care of…